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प्रश्न
Justify the following statement.
Karta is the sole manager of ‘Joint Hindu Family Business’.
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उत्तर
- The Karta is the eldest or senior most person in the family business.
- A Karta has unlimited liability.
- He has the entire decision making power and he is not binding on the views of the co-parceners.
- Thus, Karta is the sole manager of the Joint Hindu Family business.
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संबंधित प्रश्न
Distinguish between the following:
Joint Hindu Family firm and joint stock company
Define ‘Joint Hindu family business/firm’.
Select the proper option from the options given below and rewrite the completed sentence.
The members of Hindu Undivided family business are called ________
Select the proper option from the options given below and rewrite the completed sentence.
Limited managerial skill is the ________ of Joint Hindu family business.
Write a word or a phrase or a term which can substitute the following.
The members of the Joint Hindu family firm.
Distinguish between the following.
Joint Hindu family firm and Sole Trading concern
Write short note on the following.
Features of Joint Hindu family.
Compare the status of a minor in a Joint Hindu family business with that in a partnership firm.
Briefly explain the following term: Karta
State True or False:
The liability of KARTA is unlimited.
State True or False:
The maximum number of members is unlimited in Joint Hindu Family Firm.
Correct the underlined word and rewrite the following sentence.
In Joint Hindu Family business, the senior most member of family is called as Co-parcener.
Explain the following term/concept:
Karta.
Give one word/phrase/term.
The members of the Joint Hindu Family firm.
Give one word/phrase/term.
The members of the Joint Hindu Family firm.
Give one word/phrase/term.
The members of the Joint Hindu Family firm.
Give one word/phrase/term.
The members of the Joint Hindu Family firm.
In the Dayabhaga school, who can become a coparcener in a Hindu Undivided Family?
How is membership in a Hindu Undivided Family acquired?
